Francesca’s (FRAN) Releases Earnings Results, Misses Estimates By $0.03 EPS
Francesca’s (NASDAQ:FRAN) issued its quarterly earnings results on Tuesday. The specialty retailer reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.03), Briefing.com reports. The firm had revenue of $105.80 million during the quarter, compared to analyst estimates of $106.02 million. Francesca’s had a return on equity of 23.03% and a net margin of 5.52%. The firm’s revenue for the quarter was down 11.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.23 EPS. Francesca’s updated its Q4 guidance to $0.35-0.40 EPS.
Shares of Francesca’s (NASDAQ FRAN) opened at $6.52 on Thursday. The firm has a market cap of $254.94, a price-to-earnings ratio of 9.64, a PEG ratio of 0.59 and a beta of 0.23. Francesca’s has a one year low of $6.33 and a one year high of $22.39.
A number of research analysts have recently issued reports on FRAN shares. ValuEngine downgraded shares of Francesca’s from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research upgraded shares of Francesca’s from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 7th. FBR & Co set a $10.00 price target on shares of Francesca’s and gave the stock a “hold” rating in a research report on Tuesday, August 15th. KeyCorp restated a “hold” rating on shares of Francesca’s in a research report on Friday, August 25th. Finally, SunTrust Banks lowered their price objective on shares of Francesca’s from $15.00 to $10.00 and set a “buy” rating for the company in a research note on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $11.33.
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Francesca’s Holdings Corporation is a holding company. The Company is a specialty retailer, which operates a chain of boutiques across the United States. The Company offers a mix of apparel, jewelry, accessories and gifts. As of January 28, 2017, the Company operated 671 boutiques in 48 states and the District of Columbia, and also served its customers through www.francescas.com, its e-commerce Website.
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